What is the most active trading period for altcoins?

3 answers

• Nov 24, 2021 · 3 years ago
  The most active trading period for altcoins usually occurs during the Asian trading session, which starts around 2:00 AM UTC and lasts until 9:00 AM UTC. During this time, traders from countries like China, Japan, and South Korea are actively participating in the market. The high trading volume and increased liquidity make it an ideal time for altcoin trading. However, it's important to note that market conditions can vary, and there may be other periods of high activity depending on specific events or news.
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• Nov 24, 2021 · 3 years ago
  Altcoin trading tends to be most active during the early morning hours in the UTC timezone. This is when traders from different regions, including Asia, Europe, and the Americas, overlap and contribute to the market activity. The increased trading volume during this period can lead to higher volatility and potential profit opportunities. However, it's essential to stay updated with market news and trends to make informed trading decisions.
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• Nov 24, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the most active trading period for altcoins is typically between 3:00 AM UTC and 6:00 AM UTC. During this time, traders are actively engaging in altcoin trading, resulting in higher trading volumes and increased price movements. It's advisable to closely monitor the market during this period for potential trading opportunities. Remember to always conduct thorough research and use risk management strategies when trading altcoins.
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